Novellus' 2000 Revenues Surpass $1 Billion on
Texas Instruments Order
PR Newswire - October 30, 2000 16:32
SAN JOSE, Calif., Oct. 30 /PRNewswire/ -- Novellus Systems Inc. (Nasdaq:
NVLS), the productivity and innovation leader in thin film deposition
technologies for the global semiconductor industry, today announced that it has
achieved a major milestone by surpassing $1 billion in revenue for the year
2000. The milestone was achieved with the shipment of a SEQUEL
Express(TM) system configured to deposit the full range of Novellus' dielectric
films to Texas Instruments (TI).
"In the last year alone, we have nearly doubled our revenues to cross the
billion-dollar threshold, which is a monumental achievement in the highly
competitive and cyclical semiconductor equipment industry," said Chief
Executive Officer Richard Hill. "Novellus continues to make the world's most
productive deposition products. The broad market acceptance of PECVD
products like the SEQUEL Express and the recently announced VECTOR are
a validation of that."
Novellus' SEQUEL Express system is designed to deposit the advanced
dielectric films required for today's most powerful integrated circuits (ICs).
With a maximum throughput in excess of 110 wafers per hour (wph), the
SEQUEL Express delivers unprecedented levels of manufacturing
performance. In addition, it delivers up to 40 percent higher capital
productivity, up to 100 percent higher footprint productivity and up to 40
percent lower cost of ownership than competing CVD systems. The SEQUEL
Express multi-station sequential deposition chamber processes wafers through
six deposition stations, with one-sixth of the film's thickness deposited at each
station. The multiple film layers result in a high-quality, pinhole-free film with
three times the copper blocking characteristics of single wafer films, while
simultaneously delivering excellent process continuity and repeatability.
"By providing a system like SEQUEL Express that can deposit many dielectric
films in one process chamber, Novellus extends the life of our current
deposition processes while still making significant technology advances," said
Dr. Robert Helms of Texas Instruments. "This will help TI meet our production
challenges as we continue to produce the smaller, faster devices demanded for
today's most advanced applications."
About Novellus Systems
Novellus Systems Inc., an S&P 500 company, manufactures, markets and
services advanced systems for the deposition of thin films on semiconductor
wafers. The company's products are designed for high-volume production of
advanced, leading-edge semiconductor devices at the lowest possible cost.
Headquartered in San Jose, Calif., with subsidiaries in the United Kingdom,
France, Germany, The Netherlands, Spain, Ireland, Israel, China, Japan,
Korea, Singapore and Taiwan, Novellus is a publicly traded company on the
Nasdaq stock exchange. Additional information about the company is available
on Novellus' home page on the World Wide Web, located at
www.novellus.com.
SOURCE Novellus Systems Inc.
/CONTACT: Bob Climo, Marcom Director of Novellus Systems Inc.,
408-943-9700, or fax, 408-570-2635, or bob.climo@novellus.com; or Chris
Castillo, Account Director of MCA, Inc., 650-968-8900, or fax,
650-968-8990,
or ccastillo@mcapr.com, for Novellus Systems Inc./
/Web site: novellas.com
(NVLS) |
